Bank Exams and MBA Entrance Exams …competeexam.com/Question_PDF/ModelQuestionPaper...Bank Exams and MBA Entrance Exams Quantitative Aptitude Q. 1. What profit/loss percent did Nitu

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Bank Exams and MBA Entrance Exams Quantitative Aptitude

Q. 1. What profit/loss percent did Nitu earn if he purchased an item of Rs.5,600/- and sold it at three-fourth of its cost price? (a) Loss of 20 percent (b) Loss of 25 percent (c) Neither gain or loss (d) Loss of 15 percent (e) None of these Answer: (b) Explanation: C.P. = Rs.5600 S.P. = Rs.5600x ¾ = Rs.4200 Loss = Rs.5600-4200 = Rs.1400 Loss percentage = 1400x100/5600 = 25%.Ans. Q.2. The owner of a cell phone shop charges his customer 23% more than the cost price. If a customer paid Rs.7,011 for a cell phone, then what was the cost price of the cell phone? (a) Rs.5,845/- (b) Rs.6,750/- (c) Rs.5,900/- (d) Rs.6,925/- (e) None of these Answer: E Explanation: 123% of CP =SP Therefore, CP = Rs.7,011 x 100/123 = Rs.5700. Ans. Q.3. The cost price of 16 articles is the same as the selling price of 12 articles. Find the loss/profit percentages. (a) 30% (b) 32.50% (c) 331/3% (d) 40% (e) None of these Answer: C Explanation: The gain is 4 out of 12 articles.

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Therefore, gain percentage = 4x100/12 = 100/3 = 331/3%. Ans. Q.4. Soumya purchased an item for Rs.4,500 and sold it at the gain of 15%. From that amount he purchased another item and sold it at the loss of 10%. What is his overall gain/loss? (a) Gain of Rs.151.50/- (b) Gain of Rs.157.50/- (c) Loss of Rs.165/- (d) Neither gain nor loss (e) None of these Answer: B Explanation: 1st SP = Rs.4500 + 15% of 4500 = Rs.4500+Rs.675 = Rs.5175 2nd CP = Rs.5175. 2nd SP = Rs.5175 – 10% of 5175 = Rs.4657.50 Overall gain = Rs.4657.50 – 4500 = Rs.157.50. Ans. Q.5. A shopkeeper labeled the price of his articles so as to earn a profit of 30% on the cost price. He then sold the articles by offering a discount of 10% on the labeled price. What is the actual percent profit earned in the deal? (a) 18% (b) 15% (c) 20% (d) Cannot be determined (e) None of these Answer: E Explanation: Let the CP of the article = Rs.100. Then labeled price = Rs.130. SP = Rs.130- 10% of 130 = Rs.130-13 = Rs.117/-. Gain = Rs.117 – Rs.100 = Rs.17. Therefore, gain/profit percent = 17%. Ans. Q.6. Profit earned by an organization is distributed among officers and clerks in the ratio of 5:3 respectively. If the number of officers is 45 and the number of clerks is 80 and the amount received by each officer is Rs.25,000/-, what was the total amount of profit earned? (a) Rs.22 lakhs (b) Rs.18.25 lakhs

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(c) Rs.18 lakhs (d) Rs.23.25 lakhs (e) None of these Answer: C Explanation: The total amount distributed among 45 officers = Rs.45x25000 = Rs.1125000. Let the amount distributed to 80 clerks be ‘x’. Then, 1125000/x = 5/3, therefore, x = Rs.675000. Therefore, the Total profit = Rs.1125000 + 675000 = Rs.18 lakhs. Ans. Q.7. The cost of 8 gel pens and 12 ball pens is Rs.82. What would be the cost of 36 gel pens and 54 ball pens? (a) Rs.366/- (b) Rs.365/- (c) Rs.369/- (d) Rs.364/- (e) None of these Answer: C Explanation: From the given statement we have, The cost of 4 gel pens + 6 ball pens = Rs.41. Multiplying each term by 9, we get The cost of 36 gel pens + 54 ball pens = Rs.369. Ans. Q.8. A merchant sells his two cars – one at 15% loss and another at 12% profit. If the cost prices of the two cars are in the ratio of 1:2, what is his percent profit or loss? (a) 3% profit (b) 2% loss (c) 2% profit (d) 1.2%loss (e) None of these Answer: A Explanation: Given that CPs are in the ratio 1:2 Therefore let the CPs be Rs.100 & Rs.200 respectively, 1st SP = 100-15% of 100 = Rs.86. 2nd SP = 200 + 12% of 200 = Rs.224.

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Total CP = Rs.300. Total SP = 85+224 = Rs.309. Profit = Rs.309-300 = Rs.9. Profit percent = 9x100/300 = 3% profit. Ans. Q.9. The profit earned after selling an article for Rs.675 is twice the loss incurred after selling the article for Rs.435. What is the cost price of the article? (a) Rs.450/- (b) Rs.595/- (c) Rs.400/- (d) Rs.450/- (e) None of these Answer: E Explanation: Let ‘x’ be the CP of the article. i.e. Rs.675-x = 2(x-435) 675-x = 2x-870 675+870 = 3x, therefore, x=1545/3 = Rs.515. Ans. Q.10. Mohan purchased 15 Kgs of rice at the rate of Rs.26 per kg and 8 Kgs of pulses at the rate of Rs.26 per kg. What is the total amount that he paid to the shopkeeper? (a) Rs.598/- (b) Rs.594/- (c) Rs.596/- (d) Rs.595/- (e) None of these Answer: A Explanation: Price of 15 Kgs of rice at Rs.26/kg = 15x26 = Rs.390/- Price of 8 Kgs of pulses at Rs.26/kg = 8x26 = Rs.208/- Therefore, Total amount = Rs.390+Rs.208 = Rs.598.Ans. Q.11. Suhas sold an item for Rs.7500 and incurred a loss of 25%. At what price, should he have sold the item to have gained a profit of 25%? (a) Rs.13800/- (b) Rs.12500/- (c) Rs.11200/- (d) Cannot be determined

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(e) None of these Answer: B Explanation: 255 loss means that Rs.7500 is 75% of CP. Therefore, CP = 7500x100/75 = Rs.10000. 25% of Rs.10000 = Rs.2500. To get a gain of 25%, the SP should be = Rs.10000+2500 = Rs.12500. Ans. Q.12. Maria earned a profit of 30% on selling an article for Rs.6110. What was the cost price of the article? (a) Rs.5725/- (b) Rs.4080/- (c) Rs.5250/- (d) Rs.4400/- (e) None of these Answer: E Explanation: 30% profit means, SP= 130% of CP i.e. 130% of CP= Rs.6110. Therefore, CP = 6110x100/130 = Rs.4700.Ans. Q.13. If the cost of 15 Kgs of rice is Rs.780/-, what is the cost of 112Kgs of rice? (a) Rs.5824/- (b) Rs.5720/- (c) Rs.5616/- (d) Rs.5512/- (e) None of these Answer: A Explanation: Cost of 1 kg of rice = Rs.780/15 = Rs.52/-. Therefore, cost of 112 kgs. = Rs.52x112 = Rs.5824/- Ans. Q.14. Agrahari sold an item for Rs.6400/- and incurred a loss of 20%. At what price should he have sold the item to have gained a profit of 20%? (a) Rs.7800/- (b) Rs.9600/- (c) Rs.8750/-

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(d) Cannot be determined (e) None of these Answer: B Explanation: 20% loss means SP = 80% of CP :. CP = Rs.6400x100/80 = Rs.8000. The SP for a gain of 20% = 8000+20% of 8000 = 8000+1600 =Rs9600.Ans. Q.15. The owner of an electronic store charges his customer 14% more than the cost price. If a customer paid Rs.165300/- for an LED TV, then what was the original price of the TV? (a) Rs.140400/- (b) Rs.150500/- (c) Rs.145000/- (d) Rs.135200/- (e) None of these Answer: C Explanation: 14% more than CP means SP = 114% = Rs.165300/-. :. CP = 165300x100/140 = Rs.145000.Ans. Q.16. The cost of 8 sharpeners and 12 pens is Rs.76/-. What is the cost of 20 sharpeners and 30 pens? (a) Rs.172/- (b) Rs.186/- (c) Rs.190/- (d) Rs.195/- (e) None of these Answer: C Explanation: From the above statement we have, The cost of 4 sharpeners + 6 pens = Rs.38/- Multiplying each term by 5, we get 20 sharpeners + 30 pens = Rs.38x5 =Rs.190 Ans.

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Sample Question Paper Bank Exams and MBA Entrance Exams

Quantitative Aptitude

Q.17. Sujit incurred a loss of 45% on selling an article for Rs.3740/-. What was the cost price of the article? (a) Rs.5725/- (b) Rs.5080/- (c) Rs.6250/- (d) Rs.6400/- (e) None of these Answer: E Explanation: 45% loss means SP of Rs.3740/- is 55% of CP :. CP = 3740x100/55 = Rs.6800/- Ans. Q.18. The cost of 3 pens and 5 pencils is Rs.100. Also the cost of one pen and one pencil is in the ratio of 5:1 respectively. What is the cost of one dozen pens? (a) Rs.200 (b) Rs.250 (c) Rs.300 (d) Rs.150 (e) None of these Answer: C Explanation: Let the cost of one pen is ‘5x’ and pencil is ‘x’ 3 X 5x + 5x = Rs.100 15x + 5x = Rs.100 X = 100/20 = 5 :. Cost of 1 pen = 5x = 5 x 5 = 25 :. Cost of 12 pens, i.e. (one dozen) = 25 x 12 = Rs.300. Ans. Q.19. Mrinal invested an amount of Rs.29500/- in order to start a business. Soumya joined her 4 months later by investing an amount of Rs.33500/-. If the business earned a profit of Rs.120575/- at the end of two years, what was Mrinal’s share of the profit? (a) Rs.60725/- (b) Rs.61950/- (c) Rs.59250/- (d) Rs.58625/- (e) None of these

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Answer: B Explanation: Ratio of Mrinal’s profit and Soumya’s profit = 29500x24/33500x20 = 354 : 335 :. Mrinal’s share out of total profit = 120575x354/689 = Rs.61950/-.Ans. Q.20. The cost of five chairs and three tables is Rs.3110. Cost of one chair is Rs.210 less than cost one table. What is the cost of two tables and two chairs? (a) Rs.1660/- (b) Rs.1860/- (c) Rs.2600/- (d) Cannot be determined (e) None of these Answer: A Explanation: Let ‘x’ be the cost of one chair Then cost of 1 table = x + 210 Given 5x + 3(x+210) = Rs.3110 8x = 3110 – 630 = 2480 Cost of one chair (x) = 2480/8 = 310 Cost of one table = 310 + 210 = rs.520 :. Cost of 2 tables + 2 chairs = 2x520 + 2x310 = Rs.1660. Ans. Q.21. Meera bought a watch with 25% discount on the selling price. If the watch cost her Rs.1545. What is the original selling price of the watch? (a) Rs.2050 (b) Rs.2000 (c) Rs.2040 (d) Cannot be determined (e) None of these Answer: E Explanation Q.21. CP of Meenal is 75% of the Original SP. :. Original SP = 1545x100/75 = Rs.2060.Ans.

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Q.22. Shraiya has bought an article and sold it for 125% of its cost price. What was the cost price of the article, if Shraiya sold it for Rs.30750/-? (a) Rs.24600/- (b) Rs.25640/- (c) Rs.24250/- (d) Rs.23200/- (e) None of these Answer: A Explanation: 125% of CP = Rs.30750 :. CP = Rs.30750x100/125 = Rs.24600.Ans. Q.23. If the cost of 8 erasers and 5 sharpeners is Rs.31/-, what will be the cost of 24 erasers and 10 sharpeners? (a) Rs.62/- (b) Rs.84/- (c) Rs.78/- (d) Cannot be determined (e) None of these Answer: C Explanation: By analysis, we get 8x2 = 16 (erasers), 5x3 = 15 (sharpeners) :.1 Eraser costs Rs.2/- and 1 sharpener costs Rs.3/- Hence, the cost of 24 erasers + 10 sharpeners = 24x2 + 10x3 = 48+30 = Rs.78/- Ans. Q.24. When a shop keeper sold 2/3 of an item, he got the cost price of the whole lot. What is the percentage of his profit? (a) 33 1/8% (b) 66 2/3% (c) 25% (d) 50% (e) None of these Answer: D Explanation: If 2/3 of the cost of item amount to CP Then the ½ of the cost of item amounts to gain :. Profit percentage = 1 x 100/2 = 50%.Ans.

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Q.25. If a quarter kilogram costs Rs.60 then how much will cost for 150 grams? (a) Rs.30/- (b) Rs.24/- (c) Rs.36/- (d) Rs.40/- (e) None of these Answer: C Explanation: Given 250 Gms costs Rs.60/- Then 50 gm costs Rs.12 :.150gm costs 3 x12 =- Rs.36/-. Ans. Q.26. Raju purchases 550 ml. of milk every day. If the cost of one litter of milk is Rs.44. How much amount will he pay in 45 days? (a)Rs.1098/- (b)Rs.1079/- (c)Rs.1099/- (d)Rs.1088/- (e)None of these Answer: E Explanation: 500 ml cost Rs.22/- 50 ml cost Rs.2.20/- :.550 ml cost Rs.24.20/- For 44 days the cost of milk = 45 x 24.20/- = Rs.1089/-Ans. Q.27. If the cost of 6 erasers and 4 sharpeners is Rs.21/-. What will be the cost of 24 erasers and 16 sharpeners? (a) Rs.62/- (b) Rs.84/- (c) Rs.78/- (d) Cannot be determined (e) None of these Answer: B Explanation:

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6 erasers + 4 sharpeners = Rs.21. Multiply by 4 We get, 24 erasers + 16 sharpeners = Rs.21x4 = Rs.84/-. Ans. Q.28. The profit earned after selling a T-shirt for Rs.575/- is the same as loss incurred after selling the same T-shirt for Rs.295/-. What is the cost price of the T-shirt? (a) Rs.425/- (b) Rs.445/- (c) Rs.430/- (d) Rs.450/- (e) None of these Answer: E Explanations: Let ‘x’ be the CP. Then 575-x = x-295 x = Rs.435 .Ans. Q.29. A juice shop requires 35 Kgs of sugar for seven days. How many Kgs. of sugar will it require for 50 days? (a) 250Kgs (b) 150Kgs (c) 350Kgs (d) 300Kgs (e) None of these Answer: A Explanation: The daily requirement of sugar = 35/7 = 5Kgs :. 50 day’s requirement of sugar = 50 x 5 = 250Kgs. Ans. Q.30. A man purchases some eggs for Rs.500. 15% of the eggs break during transportation. What profit percentage should he take on the remaining to get an overall profit of 20%? (a) 37.5/- (b) 30/- (c) 42/- (d) 41.17/- (e) 45/- Answer: D

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Explanation: The eggs remaining = 85% CP of 85% eggs = 85x500/100 = Rs.425 Overall profit = 500 + 20% of 500 -CP of 85% eggs. Rs.600 – Rs.425 = Rs.175. :. Overall profit percent = 175x100/425 = 41.17%. Ans. Q.31. The owner of an electronics shop charges his customer 25% more than the cost price. If a customer paid Rs.11,5/- for a television set, then what was the cost price of the television set? (a) Rs.9200/- (b) Rs.7200/- (c) Rs.8600/- (d) Rs.9800/- (e) Rs.10000/- Answer: A Explanation: SP = Rs.11500 i.e. 125% of CP. :. CP = 11500x100/125 = Rs.9200/- Ans. Q.32. 25% of the total cost of a plot of area 280 sq.ft. is Rs.132370. What is the rate per sq.ft of the plot? (a) Rs.2091 (b) Rs.1981 (c) Rs.1991 (d) Rs.1891 (e) None of these Answer: D Explanations: 25% = ¼ :. Cost of total area = Rs.132370x4 Rate per sq.ft = 132370x4/280 = Rs.1891/- Ans. Q.33. A banana costs Rs.2.25 and an apple costs Rs.3.00. What will be the total cost of 4 dozen of apples? (a)Rs. 216/-

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(b)Rs.108/- (c)Rs.189/- (d)Rs.225/- (e)Rs.162/- Answer: A Explanations: 2.25 x 4 x 12 + 3 x 3 x 12 = Rs.216. Ans. Q.34. The cost of 9 Kgs. of sugar is Rs.279. What is the cost of .153 Kgs. of sugar? (a) Rs.3.377/- (b) Rs.4.473/- (c) Rs.4.377/- (d) Rs.4.743/- (e) Rs.4.347/- Answer: D Explanations: The cost of 153 Kgs. of sugar = 279x .153/9 = Rs.4.743 Ans. Q.35. Ranjeet purchased an item for Rs.3500 and sold it at the loss of 25%. From that amount he purchased another item and sold it at the gain of 20%. What is his overall gain/loss? (a) Loss of Rs.240/- (b) Gain of Rs.120/- (c) Loss of Rs.350/- (d) Neither gain nor loss (e) None of these Answer: C Explanation: 1st SP = Rs.3500 – 25% of 3500 = Rs.3500 – 875 = Rs.2625. (24% = ¼) 2nd SP = Rs.2625 + 20% of 2625 = Rs.2625 + 525 = Rs.3150. :. Overall loss = Rs.3500 – Rs.3150 = Rs.350. Ans.

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Q.36. An order was placed for supply of carpet of breadth 3 meters the length of carpet was 1.44 times of breadth. Subsequently the breadth and length were increased by 25 and 40 percent respectively. At the rate of Rs.45/- per square meter, what would be the increase in the cost of the carpet? (a) Rs.1020.6 (b) Rs.398.8 (c) Rs.437.4 (d) Rs.583.2 (e) None of these Answer: C Explanation: Initial area of the carpet = 3 x 3 x 1.44 = 12.96 sq.meters. Increased area = 3 + 3 x 25/100 x 3 x 1.44/100 + 3 x 1.44 x 40/100 = 375 x 604.8/ 100 x 100 = 22.68 sq.metre :. Increase in area = 22.68 – 12.96 = 9.72 sq.metre. Cost of 9.72 sq.metre = 9.72 x 45 = Rs.437.40 Ans. Q.37. Ajay spends 25 per cent of his salary on house rent, 5 percent on food, 15 percent travel, 10 percent on clothes and the remaining amount of Rs.27000 is saved. What is Ajay’s income? (a) Rs.60000/- (b) Rs.80500/- (c) Rs.60700/- (d) Rs.70500/- (e) None of these Answer: A Explanation: Savings = Income – expenditure 100 – (25+5+15+10) = 45% 45% of income = Rs.27000 :. Income = 27000 x 100/45 = Rs. 60000. Ans. Q.38. Rajeev purchased six calculators at the cost of Rs.690. How many calculators can he purchase for Rs.920? (a) 8/- (b) 9/- (c) 11/- (d) 12/-

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(e) None of these Answer: A Explanations: Price of one calculator = Rs.690/6 = Rs.115 The No. of calculators which can be bought for Rs.920 = 920/115 = 8 Nos. Ans. Q.39. The cost of 5kg of rice is equal to 17 kg of potatoes. Cost of 7 kg of rice is Rs.476. What will be th cost of 3 kg of rice and 5 kg of potatoes together? (a) Rs.302 (b) Rs.312 (c) Rs.328 (d) Rs.304 (e) None of these Answer: D Explanation: Price of 1 kg of rice = 476/7 = Rs.68. Price of 5 kg of rice = Rs.68 x 5 = Rs.340. Cost of 17 kg potatoes = Rs.340. :. Cost of 1 kg potato = Rs.340/17 = Rs.20. :. Cost of 3 kg rice + 5 kg potato = 3 x 68 + 5 x 20 = Rs.304. Ans. Q.40. A trader sells 40 meters of cloth for Rs.8200 at a profit of Rs.25 per metre of cloth. How much profit will the trader earn on 40 meters of cloth? (a) Rs.950/- (b) Rs.1500/- (c) Rs.1000/- (d) Rs.1200/- (e) None of these Answer: C Explanation Q.40. SP of 1 metre cloth = 8200/40 = Rs.205. CP of 1 metre cloth = Rs.205 – 25 = Rs.180 CP on 40 metres = 180 x 40 = Rs.7200 Profit earned on 40 metres cloth = Rs.8200 – Rs.7200 = Rs.1000.Ans.

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Q.41. In a sale, a discount of 15% was available on all the articles. If Vinit purchased an article for Rs. 4284/- in the sale. What was the actual selling price of the article? (a) Rs.5050/- (b) Rs.5000/- (c) Rs.5140/- (d) Rs.4950/- (e)None of these Answer: E Explanations: i.e. Rs.4284 = 85% of SP :. SP = 4284 x 100/84 = Rs.5040.Ans. Q.42. The cost of 4 bags and 12 purses is Rs.1520, what is the cost of 10 bags and 30 purses? (a) Rs.3600/- (b) Rs.3500/- (c) Rs.4000/- (d) Rs.3900/- (e) None of these Answer: E Explanation: Cost of 4 bags + 12 purses = Rs.1520/- Multiply each term by 5/2, we get, Cost of 10 bags + 30 purses = Rs.3800.Ans. Q.43. If an amount of Rs.142136 is distributed equally amongst 163 persons, how much amount would each person get? (a) Rs.862 (b) Rs.872 (c) Rs.882 (d) Rs.892 (e) None of these Answer: A Explanation: Amount each person would get = Rs.142136/163 = Rs.872.Ans.

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Q.44. The owner of a book shop charges his customer 28% more than the cost price. If a customer paid Rs.1408/- for some books, then what was the cost price of the books? (a) Rs.1100/- (b) Rs.1111/- (c) Rs.1110/- (d) Rs.1000/- (e) None of these Answer: A Explanation: SP is 128% of CP :. CP = 1408 x 100/128 = Rs.1100.Ans. Q.45. Rehaan purchased a bike for Rs.54000/-. He sold it at a loss of 8 percent. With that money he again purchased another bike and sold it at a profit of 10 percent. What is his overall loss/profit? (a) Loss of Rs.657/- (b) Profit of Rs. 567/- (c) Loss of Rs.648/- (d) Profit of Rs.648/- (e) None of these Answer: D Explanation: 1st SP = 2nd CP = Rs.54000 – 8% of Rs.54000. = Rs.54000 – Rs.4320 = Rs.49680. 2nd SP = Rs.49680 + 10% of Rs.49680 = Rs.49680 + Rs.4968 = Rs.54648. Overall Profit = Rs.54648 – Rs.54000 = Rs.648.Ans. Q.46. The postal charges for booking a parcel of 250 gram are Rs.75. What will be the postal charges for booking a parcel of 1.8 kilogram? (a) Rs.600/- (b) Rs.540/- (c) Rs.500/- (d) Rs.560/- (e) None of these Answer: B Explanation:

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Postal charges for 50 gm = Rs.75/5 = Rs.15 Postal charges for 100 gm = 15 x 2 = Rs.30 :. Charges for 1.8 kg. i.e.1800 gm = Rs.30 x 18 = Rs.540.Ans. Q.47. Raju sold an item for Rs.6000 at a loss of 25%. At what cost would he have purchased that item? (a) Rs.7500/- (b) Rs.7200/- (c) Rs.8000/- (d) Rs.8500/- (e) None of these Answer: C Explanation: The SP = 75% of CP = Rs.6000 :. CP = 6000 x 100/75 = Rs.8000.Ans. Q.48. The cost of 5 kg of apples is Rs.450. The cost of 12 dozen mangoes is Rs.4320 and the cost of 4 kg of oranges is Rs.240. What is the total cost of 8 kgs. of apples, 8 dozens of mangoes and 8 Kgs. of oranges? (a) Rs.4020/- (b) Rs.4080/- (c) Rs.4000/- (d) Rs.4050/- (e) None of these Answer: B Explanation: Cost of 1 kg apple = Rs.450/5 = Rs.90/-. Cost of 1 kg oranges = Rs.240/4 = Rs.60/-. Cost of 12 dozen mangoes = Rs.4320. :. Cost of 8 (i.e. 12 x 2/3) dozen mangoes = 4320 x 2/3 = Rs.2880. :. The total cost of 8 kg apples + 8 dozen mangoes + 8 kg oranges = 8 x 90 + 2880 + 8 x 60 = 720 + 2880 + 480 = Rs.4080.Ans.

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Q.49. Sam bought an article for Rs.4550 and sold it for Rs.5225. What was the approximate percent profit that he gained from this transaction? (a) 15/- (b) 115/- (c) 35/- (d) 5/- (e) 75/- Answer: A Explanation: The actual profit = Rs.675/- Approximate profit percent = 675 x 100/4550 = 15% approx. Ans. Q.50. Chamanlal purchased a mobile phone and a refrigerator for Rs.15400 and Rs.19600 respectively. He sold mobile phone for a profit of 15 percent and the refrigerator for a loss of 20 percent. What is his overall loss/profit? (a)Loss of Rs.1620/- (b)Profit of Rs.1620/- (c)Loss of Rs.1610/- (d)No gain no loss (e)None of these Answer: C Explanation: The total CP = Rs.15400 + Rs.19600 = Rs.350,00/- SP of mobile phone = 15400+ its 15% = 15400 + 2310 = Rs.17,710/-. SP of Fridge = 19600 – its 20% = 19600-3920 = Rs.15,680/- Total SP = 17710 + 15680 = Rs.33390/- :. Overall loss = 35000 – 33390 = Rs.1610.Ans.

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Bank Exams and MBA Entrance Exams …competeexam.com/Question_PDF/ModelQuestionPaper...Bank Exams and MBA Entrance Exams Quantitative Aptitude Q. 1. What profit/loss percent did Nitu